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The Importance of Flood Insurance Education

Appraisal Buzz

How important is flood insurance?Homebuyers If the property is in an SFHA, lenders will require flood insurance prior to approving the loan. However, flooding is not covered by a typical homeowners insurance policy. If the delay is too long, some contracts may expire, leading buyers to renegotiate or back out of the deal.

Insurance 389
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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. So, let’s start with the basics: What is a real estate broker vs. an agent? Summary What is a real estate agent?

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Why title insurance is essential to the U.S. system of property rights

Housing Wire

system for the transfer of real estate is unique in the world. We transfer ownership by private contract between parties; no advance government approval is required. Second, and relatedly, any real estate dispute that is not settled by the parties must ultimately be decided in court.

Insurance 418
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How to get a Colorado real estate license — Tips from a mega broker

Housing Wire

Thats when I came across a real estate investment series on VHS by Carlton Sheets (remember VHS?). It inspired me to get my real estate license and pursue a career in real estate. citizen The Colorado Division of Real Estate (part of the state Dept. I opted for the latter. hours to complete it.

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Fix-and-flip investors say they’re discouraged by higher mortgage rates, home prices

Housing Wire

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. An index score above 50 indicates market expansion, while a score below 50 indicates contraction.

Investors 433
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Real estate firms may be on the hook for wire fraud losses: CertifID

Housing Wire

According to a report published Thursday by wire fraud prevention firm CertifID , real estate agents , brokers and title companies are increasingly being held accountable if a consumer loses money.

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Kentucky passes bill to end ‘harmful’ listing contracts 

Housing Wire

Kentucky is on the brink of ending exclusive real estate listing contracts. The state’s General Assembly passed a bill to protect homebuyers from predatory contracts known as non-title recorded agreements for personal services (NTRAPS) or right-to-list agreements.

Contracts 448